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Wed, Sep 23, 2026 07:45 AM All times are UTC

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Tackling US Tariffs: How Russian Crude Discounts Can Save India's Textile Industry

Aug 29, 2025 12:44 pm UTC| Insights & Views

A crucial industry employing 45 million people and exporting $35 billion annually, Indias textile sector is reeling from a 50% US tariff imposed on August 27, 2025, the most globally. This has caused production stops in...

PetroChina Eyes Stablecoin Revolution for Energy Payments

Aug 29, 2025 12:23 pm UTC| Digital Currency Insights & Views

PetroChina, Chinas largest state-owned energy company, is exploring the use of stablecoins for cross-border settlements, as announced during its semi-annual performance meeting on August 28, 2025. The company is closely...

FxWirePro- Silver Soars to $39 as Fed Crisis and Global Tensions Spark Safe-Haven Rush

Aug 28, 2025 13:00 pm UTC| Insights & Views

Silvergained sharply as demand for safe-haven assets increased. It hit an intraday high of $39.06 and is currently trading around $39.065. Driven by President Trumps effort to dismiss Fed Governor Lisa Cook triggered a...

Ethereum ETFs Soar with $1.53B Inflows as ETHUSD Breaks $4,500 on Institutional Frenzy

Aug 28, 2025 10:00 am UTC| Digital Currency Insights & Views

Driven by significant institutional purchases from BlackRock ($550 million, 3.6),Ethereum ETFs haverecordedanamazing$1.53 billion in net inflows over four trading days.With a record single-day influx of $443.9millionon...

U.S. Imposes 50% Tariffs on Indian Exports: A Shift in Global Trade Dynamics

Aug 28, 2025 08:23 am UTC| Insights & Views

Beginning August 27, 2025, the United States has applied 50% levies on Indian exports, therefore greatly exacerbating trade relations. This move seeks to punish industries like gems and jewelry, textiles, shoes, and...

Orders for US Durable Goods Point Resilience

Aug 26, 2025 15:04 pm UTC| Insights & Views

Published on August 26, 2025, the US durable goods orders report for July 2025 showed a 2.8% decrease to $302.8 billion, a less pronounced drop. more than economists predicted 4.0% decline. This is the third drop in four...

Ethereum Soars: BitMine’s Massive Accumulation and Whale Shifts Signal Bullish Momentum

Aug 26, 2025 11:44 am UTC| Digital Currency Insights & Views

With about 1.71 million ETH valued at $8.82 billion as of August 24, 2025, BitMine has grown to become the largest corporate holder of Ethereum in the world. Using a $24.5 billion equity program, the firm added 190,500 ETH...

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Economy

Asian Stocks Mixed Ahead of Trump-Xi Meeting

Asian stock markets traded mixed on Wednesday as investors remained cautious ahead of a closely watched meeting between U.S. President Donald Trump and Chinese President Xi Jinping. U.S. stock futures were also largely...

Asian Currencies Muted as Dollar Firms Ahead of Trump-Xi Summit

Most Asian currencies traded in narrow ranges on Wednesday as a firmer U.S. dollar and caution ahead of the Trump-Xi summit offset optimism stemming from falling oil prices. Regional trading volumes were subdued due to a...

Oil Prices Extend Losses as U.S.-Iran Talks Ease Supply Fears

Oil prices extended their decline for a sixth consecutive session on Wednesday as signs of diplomatic progress between the United States and Iran eased concerns over Middle East supply disruptions. Saudi Arabias efforts to...

Gold Prices Rise as Oil Slide Eases Fed Rate Hike Fears

Gold prices moved higher on Wednesday as a steep decline in oil prices eased inflation concerns and reduced expectations for additional interest rate increases from the U.S. Federal Reserve. Renewed signs of possible...

RBA Says ASX Still Falls Short on Governance and Risk Controls

The Reserve Bank of Australia said ASXs clearing and settlement facilities still fall short of regulatory expectations in several key areas, despite improvements made by the exchange operator over the past year. In its...

Politics

China Tightens Fentanyl Rules Ahead of Trump-Xi Summit

China has introduced new guidelines for handling criminal cases involving fentanyl-related substances, strengthening its legal framework for combating synthetic opioid crimes ahead of a high-profile meeting between Chinese...

Taiwan Vows to Advance US Arms Sales Ahead of Trump-Xi Meeting

Taiwan will maintain close communication with the United States to ensure planned arms sales move forward, a defence ministry official said Wednesday, as US President Donald Trump prepares to meet Chinese President Xi...

Macron Challenges Trump’s Gaza Peace Claims at UN

French President Emmanuel Macron challenged U.S. President Donald Trumps claims of achieving peace in Gaza on Tuesday, arguing that humanitarian access to the enclave had not improved despite the proclaimed agreement....

Russian Strikes Kill Eight Across Ukraine as Energy Sites Hit

Russian strikes across Ukraine killed eight people and damaged industrial and energy infrastructure on Tuesday as President Volodymyr Zelenskiy met U.S. President Donald Trump on the sidelines of the United Nations General...

Marco Rubio to Meet Russia’s Lavrov in New York

U.S. Secretary of State Marco Rubio is scheduled to meet Russian Foreign Minister Sergey Lavrov in New York City on Wednesday morning, according to the U.S. State Department, as diplomatic attention remains focused on the...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Scott Bessent Eyed as Trump’s New AI Czar

U.S. Treasury Secretary Scott Bessent is under consideration to become President Donald Trumps new artificial intelligence czar as Washington intensifies its focus on AI development, safety and national security. A source...

China Reviews Broadcom Switch Use in State Data Centres

China is reviewing the use of Broadcom switches in state-backed data centres as Beijing intensifies efforts to reduce dependence on foreign technology and promote domestic semiconductor and networking equipment suppliers,...

US Northeast Airports Resume Operations After Telecom Outage Disrupts Thousands of Flights

US airport operations across the Northeast began returning to normal on Monday after crews repaired telecommunications problems that had disrupted air traffic and contributed to thousands of flight delays and cancellations...

Burnham Eyes UK Leadership Role in AI Ahead of Trump Meeting

British Prime Minister Andy Burnham will push for the UK to take a global leadership role in artificial intelligence on Tuesday as he makes his first major appearance on the international diplomatic stage at the United...

OpenAI Urges US-Led Global Standards for Frontier AI

OpenAI is calling for the United States to lead an international effort to establish technical standards for advanced artificial intelligence, as concerns grow over increasingly capable AI systems and the prospect of...